Binance Lending (Flexible) will close all BUSD borrowing and collateral positions on October 25th.
According to an official announcement from BlockBeats on October 3rd, Binance's margin borrowing (with current interest rates) will close all unsettled BUSD margin loans and collateral positions on October 25th, 2023 at 16:00 (GMT+8). Users are advised to repay all affected margin loan orders before 15:59 (GMT+8) on October 25th, 2023 to avoid potential losses.